Kendall Square Research was a small competitor in the supercomputer industry. Revenue rose rapidly in 1992 and early 1993, and the company sold shares to the public for the first time Analysts forecast higher earnings for 1993, then the company’s revenue recognition practices questioned and the answers were devastating.

Kendall Square Research was a small competitor in the supercomputer industry. Revenue rose rapidly in 1992 and early 1993, and the company sold shares to the public for the first time Analysts forecast higher earnings for 1993, then the company’s revenue recognition practices questioned and the answers were devastating.
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from
William J. Bruns Jr.,
F. Warren McFarlan
Source: Harvard Business School
18 pages.
Publication Date: Jul 22, 2002. Prod #: 303036-PDF-ENG
Kendall Square Research Corp. (A) (Abridged) HBR case solution